Investors’ tendency to slash the valuations of unprofitable businesses when the macroeconomic winds aren’t blowing their way is understandable. But for companies that are feeling...
PYMNTS recently reported on the state of the FinTech ecosystem in the Kingdom of Saudi Arabia (KSA) as part of a series on the Gulf...
In today’s top news from Europe, the Middle East and Africa (EMEA), South African retailer Massmart struggles to stay afloat, and financial institution Mashreq unveils...
Last week, PYMNTS reported that José Manuel Campa, chair of the European Banking Authority (EBA), had voiced concerns over regulators’ inability to hire and retain...
Egypt-based eCommerce platform Homzmart has closed a Pre-Series B round of $23 million. The round included participation from STV, Impact46, Outliers Ventures, Rise Capital and...
German payment intelligence company Fraugster has teamed with French PayTech Worldline to deliver a chargeback protection solution for travel merchants. The solution eliminates chargeback losses...
Walmart-owned South African retailer Massmart is struggling to overcome ongoing restrictions and lockdowns related to the continuing spread of COVID-19 across the region, according to...
Retailer JD Sports has named its first permanent CEO since 2014, tapping Régis Schultz as the new company leader effective next month, according to a...
A central bank digital currency (CBDC) could be the “holy grail” for cross-border payments, offering a solution that is “immediate, cheap, universal in terms of...